Name: SBI Long Term Equity Fund Direct Plan Growth
Brand: SBI Mutual Fund

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SBI Long Term Equity Fund Direct Plan Growth
Equity
ELSS
Very High Risk
3Y Lock In
18.47%
3Y annualised
-2.60% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 26 Nov 2021₹232.92
Min. SIP amount₹500
Rating2
Fund size₹11,094.46Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns41.8%18.5%15.1%14.9%
Category average54.9%14.2%14.3%NA
Rank with in category182126NA
Understand terms
Holdings (61)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity5.4%
Tech Mahindra Ltd.
TechnologyEquity4.3%
Larsen & Toubro Ltd.
ConstructionEquity3.9%
ICICI Prudential Life Insurance Company Ltd.
FinancialEquity3.9%
Infosys Ltd.
TechnologyEquity3.8%
State Bank of India
FinancialEquity3.5%
Reliance Industries Ltd.
EnergyEquity3.5%
HDFC Bank Ltd.
FinancialEquity3.1%
Bharti Airtel Ltd.
CommunicationEquity2.8%
Cipla Ltd.
HealthcareEquity2.8%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.22%
Cons
Lock-in period: 3Y
Low rating: 2
1Y annualised returns lower than category average by 5.66%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Oct 2021 - Present
1.22%
31 Aug 2021 - 31 Oct 2021
1.23%
31 Jul 2021 - 31 Aug 2021
1.23%
30 Jun 2021 - 31 Jul 2021
1.23%
31 May 2021 - 30 Jun 2021
1.23%
30 Apr 2021 - 31 May 2021
1.24%
31 Mar 2021 - 30 Apr 2021
1.28%
28 Feb 2021 - 31 Mar 2021
1.27%
31 Jan 2021 - 28 Feb 2021
1.28%
31 Dec 2020 - 31 Jan 2021
1.28%
30 Nov 2020 - 31 Dec 2020
1.30%
31 Oct 2020 - 30 Nov 2020
1.30%
30 Sep 2020 - 31 Oct 2020
1.31%
31 Aug 2020 - 30 Sep 2020
1.30%
31 Jul 2020 - 31 Aug 2020
1.31%
30 Jun 2020 - 31 Jul 2020
1.33%
31 May 2020 - 30 Jun 2020
1.33%
30 Apr 2020 - 31 May 2020
1.33%
31 Mar 2020 - 30 Apr 2020
1.31%
29 Feb 2020 - 31 Mar 2020
1.32%
31 Jan 2020 - 29 Feb 2020
1.29%
31 Dec 2019 - 31 Jan 2020
1.30%
30 Nov 2019 - 31 Dec 2019
1.30%
31 Oct 2019 - 30 Nov 2019
1.31%
30 Sep 2019 - 31 Oct 2019
1.33%
31 Aug 2019 - 30 Sep 2019
1.35%
31 Jul 2019 - 31 Aug 2019
1.36%
30 Jun 2019 - 31 Jul 2019
1.29%
31 May 2019 - 30 Jun 2019
1.49%
30 Apr 2019 - 31 May 2019
1.50%
31 Mar 2019 - 30 Apr 2019
1.57%
28 Feb 2019 - 31 Mar 2019
1.55%
31 Jan 2019 - 28 Feb 2019
1.55%
31 Dec 2018 - 31 Jan 2019
1.52%
30 Nov 2018 - 31 Dec 2018
1.55%
31 Oct 2018 - 30 Nov 2018
1.47%
30 Sep 2018 - 31 Oct 2018
1.47%
31 Aug 2018 - 30 Sep 2018
1.47%
31 Jul 2018 - 31 Aug 2018
1.47%
30 Jun 2018 - 31 Jul 2018
1.47%
31 May 2018 - 30 Jun 2018
1.25%
30 Apr 2018 - 31 May 2018
1.25%
31 Mar 2018 - 30 Apr 2018
1.25%
28 Feb 2018 - 31 Mar 2018
1.33%
31 Jan 2018 - 28 Feb 2018
1.54%
31 Dec 2017 - 31 Jan 2018
1.54%
30 Nov 2017 - 31 Dec 2017
1.52%
31 Oct 2017 - 30 Nov 2017
1.51%
Expense ratio, exit load and taxExpense ratio: 1.22%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementDinesh Balachandran
Sep 2016 - Present
View details
Education
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Also manages these schemes
SBI Contra Fund IDCW
SBI Contra Fund Growth
SBI Long Term Equity Fund IDCW
SBI Long Term Equity Fund Growth
SBI Long Term Equity Fund Direct Plan IDCW
SBI Long Term Equity Fund Direct Plan Growth
SBI Contra Direct Plan IDCW
SBI Contra Direct Plan Growth
SBI Dynamic Asset Allocation Fund Regular IDCW
SBI Dynamic Asset Allocation Fund Regular Growth
SBI Dynamic Asset Allocation Fund Direct Growth
SBI Dynamic Asset Allocation Fund Direct IDCW
SBI Balanced Advantage Fund Regular Growth
SBI Balanced Advantage Fund Direct Growth
Fund house & investment objective
SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM₹4,99,821.43Cr
Date of Incorporation29 Jun 1987
SBI Long Term Equity Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors o
SBI Long Term Equity Fund Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Dinesh Balachandran is the Current Fund Manager of SBI Long Term Equity Fund Direct Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 26 Nov 2021 is ₹232.92.
The SBI Long Term Equity Fund Direct Plan Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. ...Read more
Investment Objective
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and b
The scheme seeks capital appreciation through investments in equities, cumulative convertible preference shares and fully convertible debentures and bonds. The scheme was converted into an open-ended plan in November 1999.
...Read more
Fund benchmarkS&P BSE 500 TRI
Scheme Information Document(SID)
Fund house contact details
Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
Stock Holding Corp. of India Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
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SBI Long Term Equity Fund Direct Plan Growth
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	1Y	3Y	5Y	All
Fund returns	41.8%	18.5%	15.1%	14.9%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	18	21	26	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	5.4%
Tech Mahindra Ltd.	Technology	Equity	4.3%
Larsen & Toubro Ltd.	Construction	Equity	3.9%
ICICI Prudential Life Insurance Company Ltd.	Financial	Equity	3.9%
Infosys Ltd.	Technology	Equity	3.8%
State Bank of India	Financial	Equity	3.5%
Reliance Industries Ltd.	Energy	Equity	3.5%
HDFC Bank Ltd.	Financial	Equity	3.1%
Bharti Airtel Ltd.	Communication	Equity	2.8%
Cipla Ltd.	Healthcare	Equity	2.8%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	2
Fund size	₹11,094.46Cr